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Daily Archives: 2012-04-26

Another Government Investment Goes Belly Up!

~ By: Kumaran Pillai ~ Ireland's former state telecom operator eircom applied for court protection to allow it to restructure its 3.75 billion euro (US$5 billion) debt mountain. A move eircoms officials said was "necessary and unavoidable" (here). The proposal allows the lenders to take control from the major shareholder Singapore Technologies Telemedia (STT), a subsidiary of Temasek Holdings. This …

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TOC Editorial: Population Paper has the fundamentals wrong

~ By TOC Editorial ~ So this is the new normal? Just when we thought our Government had heard  the call of Singaporeans to moderate the flow of immigration, the National Population and Talent Division (NPTD), under the purview of Deputy Prime Minister Teo Chee Hean, seems bent on convincing us of our folly  with a policy paper (an “Occasional …

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Another Government Investment Goes Belly Up!

~ By Kumaran Pillai ~ Ireland's former state telecom operator eircom applied for court protection to allow it to restructure its 3.75 billion euro (US$5 billion) debt mountain. A move eircoms officials said was "necessary and unavoidable" (here). The proposal allows the lenders to take control from the major shareholder Singapore Technologies Telemedia (STT), a subsidiary of Temasek Holdings. This …

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Public transportation breakdowns – who is in charge?

  The  letter below from Mr Phillip Ang was sent to Prime Minister Lee Hsien Loong, Transport Minister Lui Tuck Yew, and the Land Transport Authority. We thank Mr Ang for allowing us to publish it in full. Dear PM Lee, I refer to the high incidence of public transportation breakdowns, the latest occurring on three consecutive days last week. No system …

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